Friday, 13 November 2015

English clubs risk losing Champions League spot - Woodward


Manchester United executive vice-chairman Ed
Woodward has warned English clubs to improve their
Champions League form.

Manchester United's executive vice-chairman Ed Woodward
has warned British clubs they risk losing a Champions League
place should their poor European form continue.

The Premier League is gifted four spots in Europe's primary
competition, the same number as Spain's La Liga and
Germany's Bundesliga, on account of the strength of
performances of the nation's club sides over the five previous
seasons.

However, following last season's poor showing from English
teams on the continent - no side reached the quarter-final stage
- Woodward believes teams must be wary of slipping down the
UEFA coefficient rankings.

"In simple terms, if all of our teams perform badly compared to
Italian and German teams there is a risk. Those two countries
are the key," he said.

"If we did as badly as last year and Germany and Italy did as
well then that fourth position would come under threat."

United's return to the Champions League, after missing out last
season, alongside a world-record kit manufacturing deal with
Adidas has enabled overall quarterly figures to September 30
to rise to £123.6million – a 39.3 percent increase.

The club is expected to post overall revenue figures of between
£500m and £510m.

"Overall we have a good start to the season - we are well
positioned in the Premier League and top of our group in the
Champions League," said Woodward.

"Our record first quarter revenues and EBITDA [used to analyse
company profitability] demonstrate the continued strength of
our businesses. We are delighted with the early progress made
in licensing."

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